FORWARDER magazine's latest M&A opportunities

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MERGERS & ACQUISITIONS

The latest M&A opportunites in issue 83 of FORWARDER magazine, available online now and sponsored by Freight Mergers.

F REIGHT

MERGERS & ACQUISITIONS OPPORTUNITIES

UK FREIGHT FORWARDER SEEKING STRATEGIC PARTNER

OVERVIEW

This is a UK company based in the East, they have been established in excess of 20 years and run by two shareholders. The owners now want to become part of a larger group where they can expand and develop their resources. They are willing to stay with the business for period of two to five years to assist with the growth and ensure there is a clean transition.

KEY POINTS

• 2 shareholders

• Established 20+ years

MODES

VERTICALS

• Events

• Construction

• Food & drink (ambient)

FINANCIALS

2022 (forecast)

Revenue: £6,586,381

Gross Profit: £1,059,360

Net Profit: £418,777

2021

Revenue: £6,994,226

Gross Profit: £1,142,661

Net Profit: £317,910

• Manufacturing LOCATION

East, UK

MAIN ROUTES

• Europe -

CONTACT

Andy Dalton , Head of M&A enquiries@freightmergers.com

+44 (0)1454 275 933

SELLER

2 FORWARDER magazine ISSUE83 Advertising: +44 (0)1454 628 795 tony@ FORWARDER magazine.com
Sea freight export 96%
Sea freight import 3%
Road freight export 1% CONTROLLED VS AGENT
100% controlled
UK
REF
REIGHT
Project PORT F

SOUTH EAST UK FREIGHT FORWARDER SEEKING BUYER

OVERVIEW

This is a well-established business based in the South East, UK. They have a strong reputation within the industry and cover a range of modes. The shareholders are looking to exit the business as they have been running the company for 15 plus years and they would like to do something different other than freight forwarding.

KEY POINTS

• 2 shareholders

• Est. 15+ years

• 20 staff (as of Feb-22)

• 3 offices

• Asset light

• No client over 20% of turnover

• 2nd tier management in place

• Membership/Accreditation: BIFA, IATA, FIATA

MODES

• Road: Import 11%, Export 30%, Domestic 1%

• Air : Import 9%, Export 11%

• Sea : Import 4%, Export 5%

• Courier : Import 7%, Export 10%, Domestic 1%

• EU customs clearance: Import 3%,Export 7%, Other 1%

F REIGHT

FINANCIALS

*Year-end August

Feb 2022 (6 months)

Turnover: ~£2.4m

Gross Profit: ~£520k

Net Profit: ~£87k

Aug 2021

Turnover: ~£3.8m

Gross Profit: ~£850k

Net Profit: ~£215k

LOCATION

South East, UK

Aug 2020

Turnover: ~£2.8m

Gross Profit: ~£670k

Net Profit: ~£133k

AUG 2019

Turnover: ~£2.5m

Gross Profit: ~£610k

Net Profit: ~£28k

CONTACT

Andy Dalton , Head of M&A enquiries@freightmergers.com

+44 (0)1454 275 933

Content submission: editor@ FORWARDER magazine.com FORWARDER magazine ISSUE83 3
REF Project GATEWAY
SELLER

MERGERS & ACQUISITIONS OPPORTUNITIES

USA CUSTOMS BROKER & FREIGHT FORWARDER SEEKING ACTIVE BUYER

OVERVIEW

This US-based company is seeking an active and experienced buyer who is in the market for a well-known traditional customs broker and freight forwarder. They are involved in various aspects of international transportation, specialising in the handling of sensitive and ‘special needs’ cargo including time-sensitive shipments, perishables, heavily regulated commodities, government cargo, hazmat, oversized/overweight and highvalue merchandise.

KEY POINTS

• Est. 1982

• 2 shareholders

• A range of operating licences:

- IATA, CNS

- TSA/DOT/FAA

- Licensed customs broker

- Duty drawback specialists

- ISO 9002 – 1994

- C-TPAT

- SAM

• NVOCC (Including DoD)

• Warehousing: 3,000 sqft

• International transport

MODES

FINANCIALS

January to May 2021

Revenue: $10.8m

Gross profit: $1.9m

Net profit: $ 875k

Forecast full year 2021

Revenue: $ 30m

Gross profit: $ 4m

Profit before tax: $2m

2020

Revenue: $19.1m

Gross profit: $ 3.4m

Net profit: $ 634k

2019

Revenue: $12.5m

Gross profit: $2.6m

Net profit: $130k

LOCATION

USA

SELLER F REIGHT

CONTACT

Andy Dalton , Head of M&A enquiries@freightmergers.com

4 FORWARDER magazine ISSUE83 Advertising: +44 (0)1454 628 795 tony@ FORWARDER magazine.com
9%
Air : import 57% | export
29%
5%
Sea : import
| export
+44 (0)1454 275 933 REF Project CAPITAL

FREIGHT FORWARDER OPEN TO ACQUISITION

OVERVIEW

The two main shareholders, being in agreement, are looking for a retirement driven exit, with both having spent over 40+ years in the freight industry.

A second tier of directors/minority shareholders, have been put in place to continue and move the business forward. A niche market, single commodity-based forwarder, with active offices in the UK and USA, along with long term and established global partners. A strong and well respected reputation within the industry space, long standing established and focused specific trade lanes, together with additional global coverage.

KEY POINTS

• Est. 2005

• US Office opened 2008

• 2 Majority shareholders/ Directors

• 4 Newly appointed minority shareholders/Directors since 2022

• Locations: Essex, UK New Jersey, USA

• Members of staff: 26 across two sites

MODES

USA office

• Sea import: 40%

• Air import: 5%

• Domestic: 5%

MAIN ROUTES

• Far East to UK: 25%

• Far East to USA: 30%

• UK to USA: 25%

• USA to UK: 10%

• Other Business: 10%

All Services multiple LCL Loadings with additional FCL movements. On weekly basis. Business profile is based on customer control on FOB terms on all routes.

UK office

• Sea import: 30%

• Air import: 5%

• Domestic: 15%

FINANCIALS

2023 Q1

Revenue £ 2.2m

Gross Proft £ 684k

Profit before tax £ 369k

2022

Revenue: £12.2m

Gross Profit: £3.2m

Profit Before Tax: £1.7m

2021

Revenue: £ 9.1m

Gross Profit: £2.2m

Profit Before Tax: £963

2020

Revenue: £5.1m

Gross Profit: £1.4m

Profit Before Tax: £209k

Debt free, asset light, cash positive

LOCATION

Essex UK & New Jersey USA

CONTACT

Andy Dalton , Head of M&A enquiries@freightmergers.com

+44 (0)1454 275 933

SELLER REF Project SCHOLAR

Content submission: editor@ FORWARDER magazine.com FORWARDER magazine ISSUE83 5
F REIGHT Are you planning to buy or sell a freight forwarding company? freightmergers.com enquiries@freightmergers.com +44 (0)1454 275 933 Freight Mergers are specialists in selling owner-managed freight forwarding, transportation and logistics businesses. For most company owners, selling their business is the most important financial transaction of their life. Therefore, we tailor our services to each individual client’s needs, utilising our mastered, proactive approach to selling businesses that connects strategic buyers with sellers who are aiming to realise the value of their business. We have over ten years of experience in the sector and, due to our specialist approach and unparalleled network, we can put you in touch with international and domestic trade buyers.

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